Weekly Review: Where Top Utilities Might Go from Here(Continued from Prior Part)Analysts’ recommendations Now that utilities (XLU) are trading close to their annual highs, many of them are offering trivial upside potentials based on analysts’

Weekly Review: Where Top Utilities Might Go from Here(Continued from Prior Part)Valuation In this part, we’ll discuss how some of the top gainers among utilities are valued. Currently, merchant power player NRG Energy (NRG) stock is trading at a

NRG Energy, Inc. plans to report its Full Year and Fourth Quarter 2018 financial results on Thursday, February 28, 2019. Management will present the results during a conference call and webcast at 9:00 a.m.

An upcoming tax credit deadline could drive business toward Houston-based Mitsubishi Heavy Industries America Inc.'s carbon capture technology. The 45Q carbon storage tax credit — passed in 2018 to incentivize the storage of captured carbon or its use in enhanced oil recovery — will pay out only on projects that start construction by 2023, said Tiffany Wu, business development manager at MHIA.

How Last Week Went for Utilities: Valuation, Returns, and More(Continued from Prior Part)Total returnsUtilities are generally favored among investors because of their higher dividend yields and slow stock price movements. However, the utility

NRG Energy, Inc. (NRG) has closed on the previously announced sale of NRG South Central Generating LLC (South Central) to Cleco Corporate Holdings LLC (Cleco) for $1 billion in cash, prior to adjustments pursuant to the terms of the Purchase and Sale Agreement entered into on February 7, 2018. “The closing of the South Central transaction marks the achievement of yet another fundamental milestone in our transformation,” said Mauricio Gutierrez, President and Chief Executive Officer, NRG.

How Did Utilities Fare Last Week?(Continued from Prior Part)ValuationLet’s take a look at some top-rallied utilities’ valuations last year. We’ll see if there’s any steam left in utilities in 2019. One of the smallest components of the

are looking to leverage their customers' home energy usage data to bolster their respective connected home and smart speaker technologies, according to a report in The Wall Street Journal. The two Action Alerts PLUS holdings are seeking ways to expand their smart speakers, internet-connected thermostats and other devices to gather information on consumers' personal energy use. The future of connected technologies could be a situation where solar panels, battery storage and electric vehicles all become part of a smart-home ecosystem, the Journal reported, and two of the biggest tech companies in the world are looking to get in on the ground floor.

Weekly Review: How Utilities Performed Last Week(Continued from Prior Part)Sempra Energy Sempra Energy (SRE), the largest utility by market cap in California, is trading at a forward PE ratio above 18x based on the EPS estimates for 2019. Sempra